Former Bi-Lo in Mount Pleasant redeveloped into office space called The Shelmore

MOUNT PLEASANT — Where shoppers once grabbed a gallon of milk, selected a choice cut of meat or picked up fresh vegetables, office workers soon will handle business deals, meet clients virtually or in person or enjoy some fresh air on an outside patio. A former Bi-Lo supermarket on Shelmore Boulevard has been reworked into […]

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Centro Railyard apartments, ‘micro’ retail acquired by Collett Capital, Spaulding & Slye Investments

A boutique apartment development with ground-floor retail space in red-hot South End has been sold. Centro Railyard, which includes 91 apartments and 12,991 square feet of retail, was acquired by Collett Capital and equity partner Spaulding & Slye Investments for $30.2 million, according to Mecklenburg County real estate records. The firms purchased Centro Railyard from […]

Mt. Pleasant Redevelopment Project

Charleston, S.C. – Frampton Construction Company, LLC, a regional full-service construction firm providing planning and design support, preconstruction, and construction services, is underway on demolition and construction at the site of The Shelmore, a Class-A mixed-use property located at 774 South Shelmore Blvd. in Mount Pleasant, S.C. The adaptive reuse project involves the redevelopment of […]

Developers to Begin Construction at Old BI-Lo Site in Mount Pleasant

The Shelmore adaptive reuse at 774 Shelmore Blvd. in Mount Pleasant will offer almost 50,000 square feet of creative office space and feature an expansive lobby with a two-story jewel box entry, a comprehensive building amenity package, abundant green space and activated open outdoor gathering areas.

JV Acquires Raleigh-Area Power Center for $53m

Collett Capital and Long Warf Capital purchased the 321,000-square-foot retail asset. HFF arranged acquisition financing on behalf of the borrower, which plans to upgrade the property. Collett Capital and Long Warf Capital have partnered again to the purchase Beaver Creek Crossing, a 321,000-square-foot power center in Apex, N.C. According to Wake County records, the joint […]

Boston Firm Buys Apex Shopping Center for $53m

A shopping center in Apex has changed hands after a Boston-based investor bought the property for over $50 million earlier this month. Long Wharf Capital paid $52.75 million for Beaver Creek Crossings shopping center off US Highway 64 in Apex. The property contains numerous retail locations including Dicks Sporting Goods, Old Navy, Regal Cinemas and […]

HFF Arranges $37.5m Financing for Raleigh-Area Power Center

CHARLOTTE, NC – HFF announces that it has arranged $37.5 million in acquisition and renovation financing for Beaver Creek Crossing, a 320,629-square-foot retail power center in the Raleigh-area community of Apex, North Carolina. HFF worked on behalf of the borrower, a partnership between Collett Capital and Long Warf Capital, to place the five-year, floating-rate loan with […]

Collett Capital Acquired Beaver Creek Crossings

Apex, NC — Collett Capital has acquired Beaver Creek Crossings, a 320,629-square-foot power center anchored by Regal Beaver Creek 12, Dick’s, Five Below, and TJ Maxx.  David Webb, Will Walton and Laura Hensler of Berkeley Capital Advisors represented the seller.

HFF Announces $26.156m Sale and $18.915m Financing of Orlando Power Center

ORLANDO, FL – November 20, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the $26.156 million sale of and $18.915 million acquisition financing for International Drive Value Center, a 186,000-square-foot power center in Orlando, Florida. The HFF team marketed the property on behalf of the seller, Retail Value Inc. (RVI).  A partnership between Collett Capital […]

Numbers Continue to Add up for Orlando Retail

ORLANDO — Intense investor interest continues and has led to Holliday Fenoglio Fowler, L.P. (HFF) handling a dozen retail centers with the latest the $26.156 million sale of and $18.915 million acquisition financing for International Drive Value Center. “Orlando is one of the most highly sought-after retail investment markets in the U.S. in 2018,” said […]

Collett Capital, Long Wharf Capital Acquire Orlando Shopping Center for $26.2m

ORLANDO, FLA. — Collett Capital and Long Wharf Capital have acquired a 186,000-square-foot shopping center in Orlando for $26.2 million. International Drive Value Center is located six miles from downtown Orlando, about nine miles northeast of Walt Disney World and less than one mile southeast of Universal Studios. The shopping center was 95 percent leased […]

OrthoCarolina Has Big Plans for This $12.4m Pineville Shopping Center

OrthoCarolina, a Charlotte-based orthopedic practice, will have some new digs in Pineville come 2019. The practice is moving its location on Park Road to a new, 20,000-square-foot space in the former Terraces at Park Place shopping center, previously anchored by Bi-Lo, at the corner of Pineville-Matthews Road and Interstate 485.

Collett Capital Aquires Terraces at Park Place

Charlotte, NC — Collett Capital has acquired Terraces at Park Place, an 81,440-square-foot shopping center located at I-485 and Pineville- Matthews Road near Carolina Place Mall in Pineville, NC.  Alex Quarrier, Rob Carter, David Webb and Rad von Werssowetz of Berkeley Capital Advisors arranged the transaction on behalf of the seller. Collett Capital plans to […]

HFF Announces the Sale of Grocery-Anchored Shopping Center in Suburban Atlanta

ATLANTA, GA – April 30, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Cherokee Commons, a 103,711-square-foot, Kroger-anchored shopping center in the Atlanta suburb of Acworth, Georgia. The HFF team marketed the property on behalf of the seller, PMAT Companies.  Collett Capital purchased the asset free and clear of existing debt. The 89-percent-leased […]

WinCo Foods’ Planned Tulsa Store Part of Chain’s Reach Into Oklahoma

By Rhett Morgan Tulsa World Posted: Friday, January 27, 2017   WinCo Foods’ decision to locate a new store in Tulsa is part of an expansion of its footprint in Oklahoma and north Texas. “Clearly, there’s a need for WinCo Foods in Tulsa because we offer incredibly low prices and a really good shopping experience,” […]

New Supermarket Part of Redevelopment Plan for 71st and Memorial

Source:  Tulsa World Published: January 19, 2017 By Rhett Morgan A new supermarket brand for the city is planned for a $21.5 million redevelopment of the Crossing Oaks Shopping Center in south Tulsa, documents show. WinCo Foods, a 24-hour store whose corporate headquarters are in Boise, Idaho, last week signed a lease with the center’s owner, Crossing […]